For Sale: Minneapolis MLS# 6499721
Active Contingent
$475,000
Multi-family: Duplex Up and Down
Built 1974
1,839 sqft•0.12 acres
Minneapolis schools
MLS# 6499721
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Property Description
HOT investment opportunity in Northeast Minneapolis! Live for less in this DUPLEX in a prime location close to coffee shops, breweries and highway access. Each unit has two generous bedrooms, a full bathroom and its own attached garage stall. This well maintained property has vinyl windows, updated mechanicals, one year old roof and updates throughout the interiors. The upper level unit features a large kitchen with an open view into the dining space & living room, while the lower level unit includes an eat-in kitchen with stainless steel appliances. Shared on-site laundry. Professionally installed additional insulation between the top and bottom units provides a sound barrier you and your tenants will love. Don't miss the chance to own this property, perfect for owner occupants and wealth-building opportunities!
Listing
Listing Status:
Active Contingent
Contingency:
Inspection
List Price:
$475,000
Price per sq ft:
$258
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
1974
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55413
Neighborhood/Area:
St. Anthony East
Subdivision Name:
Sibley Add To St Anth
Interior
Finished Area:
1,839 ft2
Living Area:
1,839 ft2
Ranges:
Two
Refrigerators:
Two
Basement Details:
- Block
- Daylight/Lookout Windows
- Egress Window(s)
Exterior
Stories:
Split Entry (Bi-Level)
Garage Spaces:
2
Garage Size:
500 ft2
Foundation Size:
918 ft2
Fencing:
None
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Attached Garage
- Concrete
- Garage Door Opener
- Shared Garage/Stall
- Storage
Shared Amenities:
Common Laundry
Road Frontage:
- City Street
- Curbs
- Paved Streets
Exterior Material:
Stucco
Roof Details:
Age 8 Years or Less
Lot & Land
Acres:
0.12
Geolocation:
44.99704000, -93.25025800
Lot Dimensions:
40X129
Zoning:
Residential-Multi-Family
Lot Description:
- Corner Lot
- Tree Coverage - Light
Schools
School District:
1
District Phone:
612-668-0000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
None
Annual Maintenance Expense:
None
Annual Gross Expense:
$1,980
Annual Trash Expense:
None
Annual Water/Sewer Expense:
$1,980
Tenant Expenses:
Cable TV, Electricity, Gas
Financial & Taxes
Tax Year:
2023
Annual Taxes:
$6,263
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$6,263
Income
Annual Gross Income:
$33,480
Misc. Annual Income:
None
Misc. Monthly Income:
None
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
Mortgage Calculator
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Local Home Mortgage Professionals
651-253-2144
Jason & Kim Stone
Branch Manager & Co-Branch Manager
Fairway Mortgage NMLS#1018649
Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
It would be our pleasure to assist you with your home purchase!
Listing provided by RMLS,
courtesy of Keller Williams Premier Realty Lake Minnetonka.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.